Total Derivatives: Renminbi, US NFP back solid CNY offers

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CNY swaps have been better offered across the curve today as corrective strength in the yuan supports the shorter maturities while Friday's weak US non-farm payrolls report is supporting the long-end. 1s/10s NDIRS is flatter on long-end outperformance. Data and holidays are to come later this week, writes Deirdre Yeung.